There are still nobles in Britain. What are their sources of income?

As a financial planner, I need to look around and learn some economic knowledge. I have been to England, so I know something about the social situation in England. Britain is a country of gentlemen with a developed economy. The British nobility, like the royal family, is a symbol. The situation of British aristocrats mainly includes the following points:

First, the British aristocracy has always existed, just like the British royal family. Their continuation has the support of the British people. Because this is the representative of British culture, British aristocrats have existed until now.

Secondly, we should pay attention to the fact that the hereditary aristocrats in Britain existed for more than 10 centuries, but by 1998, the hereditary aristocrats were extinct, because the British Parliament needed to be reformed, but everyone should pay attention to the disappearance of the hereditary aristocrats, not the aristocrats who are now titles in Britain.

Let's talk about the income sources of British nobles, which mainly include several aspects:

First, most of the nobles in Britain today are elites who have contributed to the country, such as scientists who have made great breakthroughs in science and politicians and economists who have made outstanding contributions to Britain. They have their own income, and nobility is just a title and knighthood.

Second, the source of income of British aristocrats is different from the feudal enfeoffment system long ago. Now nobility is just an honorary title, and talents from all walks of life may be crowned by the Queen of England, so most of their income comes from their own industries, and has nothing to do with titles.

Third, of course, there should still be some old nobles left at that time, and they can get some salaries and rewards from the state, but as these people get old, the future nobles will not have such state rewards.

Based on the above situation, we can see that the British aristocracy is already an honor and a symbol, rather than the image of the big landlords and capitalists in the past. Therefore, today's aristocrats can be regarded as awards of social elites who have made great contributions.